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in the local economy by my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys this products. every time i go to a vendor to get a part, my costs will increase. my competitor build a similar part for almost a third of what i build a mine. you will take away the factory workers who manufacture my parts. this is all usa jobs. lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. that worker will have more money to spend. you can make more profits. you can pass the cost to people who are buying your goods by raising prices. raising the minimum wage has an effect on the economy. the question -- if there is a chance it would raise unemployment or perhaps put a business in the red. host: michelle, tacoma, washington. caller: i just realized our state is one of the higher states with minimum w
's what is "money" tonight. it is eight days until the sequester plows into the u.s. economy. who is really facing the most financial pain? how can you make money from it? today's panel cuts through all the washington noise to get you some answers. >>> plus a breakthrough for health care. thousands of self-serve kiosks come to wal-mart and sam's club stores. can free health screenings prove a game-changer for providing care? the founder and ceo of the company behind them joins us. >>> ditch that fancy trip to the caribbean and come get baked in colorado. call jeff sipc oli. it gets green light from colorado regulators. businesses plan to lure tourists and turn colorado into the next amsterdam. will be a hit or the next buzz kill. even when they say it is not it is always about money adam: good evening to you. just eight days and a few hours until the latest government improsed fiscal disaster. eight days until cuts that both sides say they will completely crater the economy take place. and just eight days until budget cuts could tank wall street and the stock market rally which up
out of business. deb? >> saving the environment and trying to rejolt the economy. all right. chris lawrence, thanks for us there in washington, d.c. appreciate it. >>> a mother flying to atlanta tries to soothe her crying child. that's when police say a fellow passenger actually slapped the boy and yelled out a racial slur. parents describe the traumatic incident just ahead. >>> mixed martial arts, a sport that's exploding in popularity in the u.s. going to tell you why. >>> also, remarkable guide dogs, trained by a woman whose hollywood pedestrian grill is very well known. we will talk live to entertainer lauren aluft, daughter of judy garland. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlar
they turn from the dime? from the economy from smoking hot to ice cold overnight. can we go from thinking we are working our way out of a long-term jam to game over? the buzzer, that's what was swirling through everybody's heads today. the market got whacked again. we did have a bit of a late-day comeback. the dow sang nearly 47 points. and don't forget, yesterday the worst day of the s & p for the day. today, down another 1.04%. the speed things got negatively is breath taking, too breath taking if you ask me. considering my "squawk on the street" partner, how do things flip so quickly? sequester, housing, to europe, all went from benign to pernicious in one week. is that possible? >> i think things got more mixed, less positive. mixed dada doesn't jive with a market up 8%, where we were when things turned sour. not so negative. we should give up this week's gains. i said for many, too much negativity to handle without taking aggressive selling action. i get that. i don't dismiss anything as important as the huge down turn in commodities, the weaker auto and housing sales. the chatter of th
last year was. we're about probably 15 more units ahead in what we did last year. i can see the economy is coming back. >> they say that sales are typically brisk on presidents' day because of dealer discounts. a lot of car dealerships use the holiday to launch their spring lines. >>> on the heels of that warm spring-like weather we enjoyed over the weekend, winter has returned for the bay area. prepare yourself for cold and rain as you head out the door. up next. steve paulson is tracking the storm. >>> a very unique dog saves the day. how she was able to pull her owners to safety from a burning house. >>> we're looking at the seen of an injury clash was just cleared and did a little damage to the center divide there on northbound 280 in daly city. we'll tell you how the traffic is still unwinding and what you can do to get around it. mom, i invited justin over for lunch. good. no, not good. he's a vegetarian and he's going to be here in 20 minutes! [ mom ] don't stress. we can figure this out. ♪ [ male announcer ] get the speed to make a great first impression. call today to get u-v
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
evening to you. $3.99 at this gas station right here. the timing is not good for this. the economy is fragile, and all the money that is going into gas tanks, it would and could be going into instead groceries, maybe a movie out, maybe a dinner out. at gas stations across the country, customers are asking the same question. what could possibly send gas prices up 43 cents in a month? that's an extra $8.60 on a 20-gallon car. in chicago, more than that, up 70 cents in a month to 4.$4.22 gallon. for taxi driver ray hubert, that's real money. >> it digs into my pocket. i pay for my own gas, nobody else pays for it. >> reporter: in los angeles, up 50 cents in a month to $4.28, some stations charging more than $5 a gallon. >> it doesn't make sense. we went to vegas last weekend and the prices were like $1.50 less. >> reporter: were portland to portland, gas prices have risen every day for the last month. >> the rising gasoline prices is extraordinary for this time of year. we usually see this happen as we go into the summer driving season. >> reporter: what's going on? analysts say the r
of thousands of jobs and the tens of millions of dollars those jobs bring to the local economy. >> i've also been very clear that there's an alternative. >> reporter: the president is using the potential loss of jobs to push congressional republicans into a deal, a deal that would lower the deficit by closing tax loopholes on higher income americans. >> are they seriously prepared to inflict more pain on the middle class because they refuse to ask anything more of those at the very top? >> reporter: but republicans say no deal on the sequester until the president proposes more spending cuts. >> so the question is why won't he work with us? and the answer, quite simply, is because he wants higher taxes. >> reporter: what both sides want is to blame sequestration on each other, and now, there is no parent movement toward compromise. the president has asked to speak to congressional republicans, but, jim no serious talks or negotiations have been scheduled. >> axelrod: thank you, wyatt. as the budget cuts draw closer consider this-- the federal government does $500 billion worth of business wit
with. >> he's not alone. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vetter at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income, which is quite plausible. we are talking about $400 billion a year in lost wages. >>> numbers like that made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kellock irvin is caught in the middle of it all. for now he takes freelance jobs as a photographer and part-time work with moving companies. but -- >> that can only support me so lo
the u.s. economy will grow slowly this year as tax increases and spending cuts offset improvements in the private sector. bruce willis is "a good day to die hard" pulled in $25 million. "identity thief" rant and with a close second, 23.4 million. that is the latest from the fox business network. giving you the power to prosper. ♪ customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ dagen: $101.7 billion over the next ten years. the joint committee think this is the cost of a massive new sales tax to pay for obamacare. elizabeth macdonald is here with the bottom line. explain how this is, ultimately, being passed on. >> it is an excise tax or sales tax. look at this number. $7200. health insurers will pass this on. look at this. joint committee and taxation think that health insurers will pass this on. expect it to hit the insurance, basically, consumer in the form of higher premiums. they estimate 2.5% greater cost. we have two congressmen looking
for his overspending and they're creating real peril for the american economy, long-term substantive peril, all of the stuff that you just had on. this is been going on for, 20, 30 years, we're going to lose the statue of liberty and the buildings are going to fall down and no police on the street and i heard that when i was mayor of new york, i had to cut 2.3, 2.4 billion and they tried to make it sound like the city was going to disappear. we cut it, the city is better off than it's been before. and fiscal discipline is something that a president is going to have to bring to government. if he couldn't, it's hard for the legislator to do it. he's been fiscally the most undisciplined president in the united states. >> couple of things, the fact that he doesn't seem it remember it was his white house idea and he okayed it on the sequester and either means he has a bad memory, which is not a good sign or he's trying to be petty or trying now that he finds himself in hot water to blame somebody else that looks petty. the second thing for the life of me, i don't understand this and see if, if
economy just as opec cut some of its output. international sanctions are reducing the amount of uranium oil on the world market while here at home, refineries are shutting down for maintenance as they prepare to switch to a summer blend. then market speculation and a weaker dollar play a role. >> we have to work. so we keep coming to work every day. but you have to put gas in your car to come to work. >> reporter: 43 cents in a month. >> that was nbc's tom costello. >>> after the long holiday weekend you the president and congressional staffers will be back at work this morning but with only ten days to prevent $85 billion in automatic spending cuts. the white house says president obama will hold a news conference to address the issue this morning. nbc's danielle lee has the details. danielle, good morning. >> reporter: mara, good morning. the president will urge congress to agree on a deal that balances those pending cuts with new revenue to avoid hurting the economy and the middle class. mane while, congress is away on recess all week. when they get back, they'll have just four days t
side that when you talk about the economy, when you talk about the economy that the keystone pipeline is not dangerous, that it uses some of the latest technology to prevent leaks, it will bring jobs to the nation's economy. another big agend on the table here is the emission standards. they've already been proposed for plants that are coming online, new plants, but the big issue among a lot of people here is will those standards, those harsher standards be extended to existing plants? so that's a taste of what you're seeing here, protect our health, not big polluters, a lot of people here trying to take a message to president obama. deb? >> all right, chris lawrence there right in the thick of it. obviously a topic that generates a lot of passion on both sides. thanks so much. >>> in los angeles a different kind of rally. dozens of protesters gathering outsite lapd headquarters. carrying plaquers supporting renegade ex-cop christopher dorners. they don't support his rampage but the accusations of corruption, racism and brutality in the lapd need to be adressed so this doesn't happen
trillion dollar economy? >> well, if you look at it over all. we need to get on the trajectory to reduce smending it is how the cuts are put in place and especially in the without giving the military leaders ability to and without affecting our strategy. that is what we are in favor. and we reduce spending in the federal government and not just in this manner. they are placed on 20 percent of the budget . 50 percent of the cuts is 20 percent of the spending. there is other way to address spending including the mandatory spending programs. if we don't address social security and medicare, we'll not get our arms around the deficits. >> no, indeed . there is it a lot of talk that that has to happen. this comes back to a year ago when sequestitration employees a bad idea and not supposed to happen. talk about the finger pointing and the blame game. the president said the sequester idea came from congress and evidence showed that the president himself came up with want idea. >> we'll know that the president had that one of the conditions on the budget control act. since that time, i was speak
economy. that's a really, really tiny slice of the thanksgiving pie, people. there is no need to cut from the vulnerable when it should be easy to cut the amount of money we're talking about from other places. so why is all we hear, the republicans won't do this, the democrats won't do that? danielle altman is an economics professor at ncu. daniel, one thing to acknowledge here, finding $85 billion should be no problem. $85 billion is a really small chunk of the change we actually need to find. so even if you cut from the right places, if you cut the right amount, it would hurt people, and i think we have to be honest about that, but the cuts we're talking about right now impact a lot of people, but brutal and dangerous for the economy? >> well, the thick is this. that it's $85 billion until the end of this year, but then we have these cuts maintained, and enlarged in some cases, going forward over the next seven years. so we've got almost $1 trillion in cuts. so if the sequester goes forward -- >> but over that ten-year period, you have to multiply that times ten too. >> but expectations
in this town is a mind game. this is a diversion to keep you off the thought of this poor economy which generates crime. this is about crime and is trying to divert your attention away from it because they cannot create jobs. i have two quotes from people who know what they're talking about. bruce weinberg, ohio state university -- but officials can pass tougher citizen laws and take other steps to reduce crime but there are limits to how much these can do. we found that a badly premarket has a profound impact on the crime rates -- that a bad labor market has a profound impact on the crime rates. this causes more unemployment a spiral situation from which it is difficult to recover. what we need to do is create jobs, businesses. small businesses create less crime. though i walk through the valley of the shadow of death, i fear no evil because i am the meanest and fiercest person walking into the valley.[laughter] >> thank you. and a reminder of the los angeles riot.i was actually there during that time as well. you are absolutely right. that is what we saw. you are right, that most of t
hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthist americans and biggest corporations. that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off, or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice, that is the question. and this is not an abstraction. there are people whose livelihoods are at stake, there are communities that are going to be impacted in a negative way, and i know that sometimes all this squabbling in washington seems very abstract, and in the abstract people like the idea, you know, there must be some spending we can cut, there must s out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put tough cuts and reforms on the table. i'm willing to
are digging in their heels. you know what? the economy is going to go in the toilet. >> announcer: this is the "bill press show." >> jack, how old are you? >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. >> announcer: chatting with you live at current.com/billpress this is the "bill press show." live on your radio and current tv. >> bill: hey it is 33 minutes after the hour here on a thursday morning. and vice president joe biden says you want a gun? get a shotgun. not an ar-15. we've got it all covered here this morning on the "full court press." we're talking about the fact that republicans still seem determined they really think they can let the sequester happen, let the economy go as the congressional office warns into a total tailspin, reverse our economic recovery, cut 700,000 jobs here in this co
. this is "the bill press show." one week, one week to go before the sequester kicks in and this economy goes into a tailspin. thank you, john boehner. what do you say, everybody? guess what. it's a fred. ♪ alleluia. ♪ >> damn straight friday february 22nd. ♪ alleluia. >> bill: and we love fridays here at the bill press show. ♪ alleluia. ♪ >> bill: i am sure you do as well. for some of you, a short week for you rest of us we are taking a look at the big stories of the day and giving you a chance to sound off and tell us what you think about it. 866-55-press is our toll-free number. congress comes back in session next week. they don't come back until tuesday. the sequester kicks in until friday. we will see if they can get anything done. i doubt it very very much in those three days that they are here. they like the sequester. they want it to happen. they want employees to lose their job at the pentagon. they want the economy to go in a tailspin. they want headstart and the pel grants and tsa and air traffic controllers and you name it acros
shrinks the deficit faster than a growing economy that creates good jobs. we need to make america a magnet for good jobs, equipping our people with the skills required to fill the jobs. making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that's what the american people expect. that's when i'm going to work on every single day to help deliver. so i need everybody who is watching today to understand we've got a few days, congress can do the right thing. we can avert just one more washington-manufactured problem that slows our recovery and bring down our deficits in a balanced, responsible way. that is my goal, that's what would do right by these first responders, these what would do right by america's middle class. that's what i'm going to be working on and fighting for, not just over the next few weeks but over the next few years. thanks very much, everybody. thank you guys for your service. [applause] [applause] jon: "happening now" at the white house president obama shake hands with a group
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. >>> the former lapd officer now has thousands of his brothers in blue chasing him. just who was christopher dorner? what lit the fuse to cause this explosive rampage. >> reporter: christopher dorner, target of the largest manhunt in lapd history. a vengeful ex-cop, highly trained marksman, armed and dangerous. turning against the very agency that defined him. >> he loved being a cop. he wanted to be a cop all his life. >> the chris corner that was terrorizing california is far from the sunny upbringing of his southern california childhood. he grew up in los angeles's sprawling suburbs with his mother and sister. it's here
. it's a concern because of what's going on generally in the economy and with households. a bit of a cash squeeze. the payroll tax came back. and tax refunds have been slower this year than last. and walmart's core customer spends whatever cash comes in. and that seems like it might be squeezing things. gasoline prices on the rise again. a lot of this is coming together. and a concern for the walmart customers. >> is this a walmart problem? or retail in general? >> it seems like walmart's on the front lines of this issue because of their customer base. it seems as if we have our alert pretty much sensitive right now to any weakness in the consumer because of the bigger picture factors that are beyond walmart. >> and the frustration coming up. that could put a damper on the economy. walmart will be releasing their earnings next week for the last quarter. but what does this say about executives? still not learning their lesson about what you can and can't say in e-mails? >> i'm not sure we're ever going to get around that. basically business right now is constructed for rapid resp
chavez. without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed a millions of people and a meteor exploded over russia that unleashed a blasted more than 30 times stronger than hiroshima bomb. folks exploring a lake said they found fragments. meteor although police are warning would be buyers should watch for fraud. nasa experts say about hundred tons of space debris hit the earth every day but most of the objects are tiny specks. >>> you can take everything you knew about the moon and forget it. scientists have made a stunning discovery. they analyzed monday rocks that the apollo astronauts retrieved and they said the moon had more water than scientists first
. >> is same sex marriage good for the economy? financial experts suzy orman says it is. she will explain. mission was to get all six james bond actors reunited at the oscars but that mission reportedly a dud. instead can you get your bond fix here? yes. we'll take a look at 007. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have
for charities right now to raise funds, especially with the economy for the past several years. but it will be hard to get new donors in the door. what are you doing now to try to fix that? >> we have an exciting campaign now that we have been looking at. so we have a video that we have made for $22,000 in order to build the greenhouse and to be able to grow the necessary herbs and greens. >> we're looking at the video right now here on your screen. how do you get people to watch this, especially on this day and age where they were not so interested in watching a cat video. >> yes, through the word of mouth, hopefully through individuals like yourself that will take a liking to that to see how important it is. and the more people, they will know it is very important. >> how is the fundraising going so far? the totals are half way there. we definitely hit the $10,000 mark. hopefully within the next month we'll reach $22,000. >> if people don't want to open up their checkbooks they can volunteer? >> yes, we need 100 volunteers to help us
, or with the rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special- interest tax loopholes that only benefit the few wealthiest and tax corporations. he likes the word of the month of washington is sequestration -- automatic $85 billion in spending cuts slated to take effect on march 1 unless congress reaches a deal. what will that mean? butt bring war to campus that is the message at university opposing the pentagon funding of the proposed new research center on campus to train special operations forces in interview techniques. first, we speak to sharif abdel kouddous just back from bahrain, or the u.s.-backed monarchy continues to crack down on pro- democracy activists. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. republican senator lindsey graham has revealed he says the death toll in u.s. drone war overseas. at a speech in south carolina wednesday night, he said -- his comments mark the first time a u.s. official has offered a figure for those killed in nearly a decade of u
might help grow the economy. the government's interest is to provide domestic security, and, we, as representatives are charged with safeguarding the public's interest and protecting civil liberties. developing and effective regulatory frame work could be the process, but this hearing is one step towards ensuring this is happening in a timely and effective manner. it is our responsibility, and we don't take it lightly, to ensure the need for oversight and have proper procedures created and federal agencies meet the timelines to address the rapid emergence of the uas systems in our national air space. that's why, i again, compliment the chairman. thank you for the leadership in calling the hearing today. i want to thank the witnesses, and i look forward to your testimony. thank you very much, mr. chairman. >> mr. maffet, thank you so much. i look forward to working with you as we go forward in the congress, and from your statements, i can tell you and i will be close colleagues protecting civil liberties and privacy issues because those issues are extremely pont to me and -- impo
and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices. now it's time for the speaker to do the same." then he had a link to an 80-page proposal from september, including war savings, it includes tax reform, which of course they want. it doesn't fully lay it out by any stretch of the imagination. so jay carney was asked what specifically will the white house cut and here's what jay carney said. >> it's in the proposals he submitted to the speaker of the house that the speaker walked away from -- >> where does the president prevent sequestration from happening? shouldn't the president take the lead and present that -- >> well, first of all, congress has to act. >> all right. it's frustrating, no ma
. >> what are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consumers. the hike that we saw at the beginning of the year the 2% hike which takes about $20 out of people's weekly paycheck is hitting the consumer and gasoline prices are up 50 cents in the last month and there's a tell prey knock on the consumer right now because refunds have been delayed. the tax code had to be overhauled as a result of the many of the reforms of last year and they're saying their consumer has been hit by delays in the refund checks about $20 billion in refund checks didn't go out on time. >> all right. new information. rebe rebecca rebecca, thank you. >>> the obama administration plans fines, penalties, and trade sanctions against any government that sponsors hacking.
economy, local residents say more expensive meat means they may have to eat something else. >> if against pricier, i will eat more vegetables. >> vegetables could alsaffected. the agriculture department has warned of the cuts happen, there will be less money available for pest and disease prevention which could hit farmers hard with more out bricks to their crops. >> i am concerned about this. >> local residents shopping today say they are used to dysfunction in washington, just not when it reaches their dinner table. >> i guess somehow we would all be affected, but i never imagined it would be meet on my table. >> this is only one small part of the broad effect if the budget cuts take effect. president obama will take his message on the road to newport news, va., tuesday, and urged congress to come to a deal before any of this happens. >> changing gears, we are just one day away from the oscars. >> cynne simpson and r campbell are in los angeles for the big night in hollywood. -- and arch campbell are in los angeles for the big night in hollywood. are you enjoying the weather? >> it is n
this morning. it's a bellwether for the nation's economy. rebecca jarvis is here with us. what are they saying about the economy? >> looking backwards walmart had a good christmas, that holiday sales worked out well for them they earned more than wall street was expecting, they came in a little light on sales. however, going forward, that's really the question walmart is considered a bellwether for our overall economy and what they told us this morning is that the payroll tax cut is impacting consumers, that pike that we saw at the beginning of the year the 2% hike that takes about $20 out of people's weekly paychecks, that's getting their consumer also gasoline price is up 50 cents in the last month, that's hitting consumers and there's a temporary knock on the consumer because refunds have been delayed. the tax code had to be overhauled as a result of many of the reforms at the end of last year and they're saying their consumer has been hit by delays in the refund checks about $20 billion in refund checks didn't go out on time. >> new information this morning rebecca t
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Search Results 0 to 49 of about 183 (some duplicates have been removed)

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